Imperial Community Theatre Inc

Analysis

Imperial Community Theatre Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Imperial Community Theatre Inc reported income of $767k and spending of $406k, leaving 47% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $540k to $767k (+42%), an average of +7.3% a year. The sharpest change came in the year to June 2024, when income rose by 92%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Imperial Community Theatre Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include SV Archive ($767k), Logan County Landmark Preservation Inc ($767k) and East Mississippi Center for Educational Development Inc ($767k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $81k (20% of expenses). Other salaries and wages came to $71k. At year end it held assets of $2.9m against liabilities of $176k, net assets of $2.8m. It reported 7 employees.